Group 1 - The company Baida Qiancheng (300291.SZ) plans to acquire 100% of the shares of the target company Zhonglian Century through a combination of issuing shares and cash payments, while also raising supporting funds from no more than 35 specific investors [1] - The acquisition will be executed by purchasing a total of 64.15% of Zhonglian Century's shares from seven trading partners, and indirectly acquiring an additional 35.86% through various transactions involving other companies [1] - The transaction is expected to constitute a major asset restructuring for the company, with the stock set to resume trading on December 26, 2025 [1] Group 2 - Zhonglian Century is a professional digital and intelligent marketing service provider, leveraging its self-developed full-scenario and full-link marketing technology service system to offer high-quality one-stop digital marketing solutions [2] - The company has established itself as a leading service provider in digital marketing within the telecommunications industry and is gradually expanding its business into finance and e-commerce sectors [2] - Through this acquisition, Baida Qiancheng aims to enhance its marketing business layout and connect with mainstream digital advertising traffic and cloud computing ecosystems in China, thereby providing more comprehensive digital marketing solutions and improving its overall competitiveness [2]

Group 1 - The company, Bainian Qiancheng, plans to acquire 100% of the shares of the target company, Zhonglian Century, through a combination of issuing shares and cash payments [1] - The acquisition will be executed by purchasing 64.15% of Zhonglian Century's shares from seven counterparties, and indirectly acquiring an additional 35.86% through other transactions [1] - The specific methods of acquisition include purchasing shares from various parties and completing the necessary audits and evaluations, which are still pending [1] Group 2 - Zhonglian Century is a professional digital marketing service provider that offers comprehensive digital marketing solutions using its self-developed technology [2] - The company has established itself as a leading service provider in the telecommunications industry's digital marketing sector and is expanding its services into finance and e-commerce [2] - This acquisition will allow Bainian Qiancheng to enhance its marketing business layout and access mainstream digital advertising traffic and cloud computing ecosystems in China [2]